Energy

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United States. Brent crude futures rose 66…

Hungary’s economy entered recession in 2022 according to official data published Tuesday, as soaring energy prices drove inflation higher. Hungarian GDP shrank by 0.4 per cent in the last three…

European countries’ bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in…

Trying to stay warm while cutting energy bills this winter? Wear a turtleneck, says Tokyo governor Yuriko Koike. The governor, wearing one herself under a jacket, encouraged residents to don…

Energy companies, hit by soaring power and gas prices related to the war in Ukraine, can secure public guarantees exceeding 90% coverage from EU governments to cover margin call requirements…

Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of the gas-rich country of Equatorial Guinea, has assumed the Presidency of the Gas Exporting Countries Forum (GECF). With this appointment,…

Tens of thousands of protesters in six German cities gathered on Saturday to demand a more just distribution of government funds to deal with rising energy prices and living costs…

European Union leaders meeting at the end of this week will explore a range of options for gas price caps, over which they have been divided for weeks, according to…

Italy will be able to get through the winter with existing gas storage and flow levels unless there are “catastrophic events”, the country’s energy minister said on Sunday. “We have…

Israel gave its preliminary nod on Sunday to a draft U.S.-brokered deal demarcating a maritime border with Lebanon that may lead to profit-sharing in a disputed Mediterranean gas prospect. Hoping…